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Nov 18, 2012
11/12
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but nancy pelosi says it must include tax hikes for the wealthy. we have the latest. >> reporter: shannon, the house minority leader, nancy pelosi, sits at the negotiates ing table with the leaders, trying to steer the country away from the fiscal cliff. she says he will not accept a deal that does not include tax rate increases for the wealthiest americans. but she also said she thinks negotiators have enough of a sense of urgenc tow get a deal done by the middle of december. >> we are all grownups. we have a responsibility to the american people. the elements for an agreement are there. time is of the essence, the quicker we do tthe more confidence we instill, the better it is for the economy and the american people. >> reporter: republicans, too, have expressed optimism that the fiscal cliff can be avoided and are open to signing legislation that includes new sources of revenue. but the president wants to raise most of that new money with $1.6 trillion over a decade. republicans are not likely to go along with that. this is why. >> there certain
but nancy pelosi says it must include tax hikes for the wealthy. we have the latest. >> reporter: shannon, the house minority leader, nancy pelosi, sits at the negotiates ing table with the leaders, trying to steer the country away from the fiscal cliff. she says he will not accept a deal that does not include tax rate increases for the wealthiest americans. but she also said she thinks negotiators have enough of a sense of urgenc tow get a deal done by the middle of december. >> we...
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Nov 18, 2012
11/12
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but don't start with nancy pelosi making demands for raising tax rates. let's work through all the issues. i agree, what's at stake is dramatic, it's the economy of the american people. >> eric: quickly, do you think we will have a deal by the end of year? >> i am getting more dubious. but i hope so. >> eric: margie, how about you? >> viheard some republicans sound like they want to come to the table. not everyone. not matt, with all due respect. but i do think that we -- i feel more optimistic when i am watching the postr post poll. >> eric: we have $16 trillion in debt. it's just only getting bigger. thargs for joining us. >> thank you. >> eric: jamie? >> jamie: the fiscal cliff. how does it affect you, your kid, your family and college tuition rates? a lot. we are going to tell what you you need to know and how you can protect yourself. that's next in the take-charge consumer protection segment. >> eric: violence continues to escalate between israel and homas. 24 hours to go. what is the role of the united states of america? the president has been spea
but don't start with nancy pelosi making demands for raising tax rates. let's work through all the issues. i agree, what's at stake is dramatic, it's the economy of the american people. >> eric: quickly, do you think we will have a deal by the end of year? >> i am getting more dubious. but i hope so. >> eric: margie, how about you? >> viheard some republicans sound like they want to come to the table. not everyone. not matt, with all due respect. but i do think that we...
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Nov 17, 2012
11/12
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everything is going to be affected by this and we've been saying it since the canaan -- nancy pelosi said she had to read the darn thing. >> i know your criticism is they didn't read it before they passed it, but one of the big criticisms here is that there was no cost control in the law, so here we are. >> well, it's going to be that way. health care costs are rising everywhere. it's a universal problem. the thing is the people are going to try to find ways to get around this in the sense that it's going to cost them more and if they can find ways, they'll do it. you got 2200 pages of regulation that you're right, nobody has read. the people who administratorring it haven't read it. they're beginning to read it. we don't know what the ultimate cost is going to be. they're going to be taxes that come out of this, all kinds of other things that happen. in the meantime, if you hire over -- this is what is considered a small business -- if there are 50 people or less, you are subject to one thing. if you're hiring more than 50 people, you are subject to something else. if those people w
everything is going to be affected by this and we've been saying it since the canaan -- nancy pelosi said she had to read the darn thing. >> i know your criticism is they didn't read it before they passed it, but one of the big criticisms here is that there was no cost control in the law, so here we are. >> well, it's going to be that way. health care costs are rising everywhere. it's a universal problem. the thing is the people are going to try to find ways to get around this in...
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Nov 17, 2012
11/12
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pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line on increasing taxes? >> well, gee... i know that we had the biggest conservative wave election in american history 2 years ago. two years later, we had a continuing resolution, a continuing resolution, a continuing resolution, debt ceil being increase. we -- ceiling increase. we ended up cutting nothing, really. we really-- >>> you are saying no. >> two years of leverage for nothing. it's time to use the leverage of the house. it's one-half of one-third, but the most important half of the legislative body. the founders intended for congress to have the purrs strings and to use
pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line...
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Nov 17, 2012
11/12
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house minority leader nancy pelosi says no tax hike, no deal. >> close lop holes far too little money. and it could be they have said they want it to be revenue neutral. if it's going to bring in revenue. the president has been very clear that the higher income people have to pay their fair share. >> republicans argue now ♪ time to raise taxes on anyone if lawmakers don't reach a deal, hundreds of billions of dollars in tax increases and spending cuts go into effect january 1st. >> in new york, it apparently pays to be dead. you heard me. audit of the state's medicaid program from march of 2006, to february 2011, found that $1.9 million was coughed up for hundreds of people that were no longer alive. one person received more than $25,000 a year for seven years after he had died. that's a good business. in all, the audit found about $26.8 million in improper payments made by the program. people all over the country expressing their anger for obama care with their love of pizza. the group rebooting america organizing pappa johns appreciation day. that sounds familiar. it was meant to
house minority leader nancy pelosi says no tax hike, no deal. >> close lop holes far too little money. and it could be they have said they want it to be revenue neutral. if it's going to bring in revenue. the president has been very clear that the higher income people have to pay their fair share. >> republicans argue now ♪ time to raise taxes on anyone if lawmakers don't reach a deal, hundreds of billions of dollars in tax increases and spending cuts go into effect january 1st....